Poll: Wealthy Getting EMV Cards First

Wealthy people are three times more likely to have a credit card with an EMV chip — and the extra fraud protection that comes with it — than people with low incomes, according to a new poll commissioned by CreditCards.com.

That big gap exists largely because of the way banks have rolled out the new cards, sending the rectangular-chip-embedded cards first to their customers who travel internationally. Those who have the cards and use them at retailers with compatible card readers enjoy enhanced protection against fraudsters stealing card data. Read more here.